Hotel, office and parking in Frankfurt

Hotel with restaurant, small brewery, beer garden, conference room has a contract with operating company for 20 years.

Area

- hotel with 234 rooms (with permission for construction) – 7 960 m²;

- office (with permission for construction) – 5 180 m²;

- general area of hotel and office: 13 140 m²;

- parking with 600 spaces (is not included to the floor area ratio) – 14 000 m².

Income

Hotel: 234 rooms x 400 Euro x 12 months = 1. 123. 200 Euro

Office: 4. 840 m² (without staircase) x 12 Euro x 12 months = 696. 960 Euro

Parking: 600 spaces x 60 Euro x 12 months = 432. 000 Euro

Total: 2. 498. 960 Euro

Profitability: 5,37%